SOLDRetail
Steven Carter Of DLJ Real Estate Capital Partners Acquires Retail Condo From Philip Pilevsky For $23M
126 Waverly Place
$23,000,000
Building Size
—
Asset Type
Retail
Closing
Mar 17, 2026
AI
The asset involved in this transaction is a retail condominium stake located at 126 Waverly Place in Manhattan's Greenwich Village. The sale price for this property was $23,000,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $23,000,000
- Buyer: Steven Carter - DLJ Real Estate Capital Partners
- Seller: Philip Pilevsky - Philips International
Philip Pilevsky executed the sale of Philips International's retail condominium stake, reflecting a significant transaction within the Greenwich Village market sector.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.69%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93